IndiGo co-promoter Rakesh Gangwal signs pact with IIT-Kanpur to establish School of Medical Sciences and Technology


IndiGo co-promoter Rakesh Gangwal on Monday signed a pact with IIT-Kanpur to jointly establish a school of medical science and technology on the latter’s campus.

Gangwal, an alumnus of IIT-Kanpur, will also donate Rs 100 crore to establish the college.

In addition, Gangwal will also join the school’s advisory board.

“It is a privilege to be associated with such a noble endeavor with my alma mater. I am proud to see that the institution that has produced thousands of leaders in various sectors is now leading the way in the healthcare industry. More than ever, healthcare is intertwined with technological advancements and this school will accelerate healthcare innovation,” Gangwal said.

The school will be completed in two phases. Phase I of the project will include the establishment of a 500-bed super-specialty hospital, a university block, a residence/hostel and a services block with a total built-up area of ​​approximately 8 10 000 square feet.

Phase I will also include the establishment of Centers of Excellence (CoE) to pursue R&D activities in futuristic medicine.

This phase is tentatively scheduled to be completed within the next 3-5 years.

Phase II of the project, expected to be completed in 7-10 years, will see hospital capacity increase to 1,000 beds, expansion of clinical departments/centres, research areas, inclusion of allied medical disciplines, alternative medicine , hospital management, sports medicine and public health programs.

The school is envisioned in line with IIT Kanpur’s efforts to bring about a paradigm shift by merging medical research and technological innovations in the country, according to a statement.

“We are extremely grateful for the generous contribution of Rakesh Gangwal. The proposed medical school will play an important role in driving IIT Kanpur’s innovations in medical research and technology and propelling India into the global league of institutions that converge medical sciences and technology for the benefit of mankind,” said Abhay Karandikar, Director of IIT Kanpur.

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Posted: Monday, April 4, 2022, 11:12 p.m. IST


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